In the last few sessions, leading altcoin Ethereum has traded flat around the $4,700 mark. This signals waning market momentum as both buyers and sellers ease off activity. As technical indicators begin to signal a dip in market volatility, ETH could stay locked in a narrow range for now. Ethereum Price Stuck in a Tight Range as Traders Wait for Volatility to Return Readings from the ETH/USD one-day chart show that the altcoin has trended within a narrow range over the past three trading sessions
source: https://beincrypto.com/eth-price-stalls-near-4700-as-volatility-drops/